Fortuna Silver Mines
120 hedge funds and large institutions have $274M invested in Fortuna Silver Mines in 2018 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 43 increasing their positions, 28 reducing their positions, and 17 closing their positions.
288% more call options, than puts
Call options by funds: $4.19M | Put options by funds: $1.08M
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
54% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 28
35% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 17
4% more funds holding
Funds holding: 115 → 120 (+5)
0.18% less ownership
Funds ownership: 46.35% → 46.16% (-0.18%)
16% less capital invested
Capital invested by funds: $325M → $274M (-$50.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$10.2M |
| 2 |
Renaissance Technologies
New York
|
+$6.09M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$3.22M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$3M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$2.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$22M |
| 2 |
MBI
Montrusco Bolton Investments
Montreal,
Quebec, Canada
|
-$10.7M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$6.6M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$2.87M |
| 5 |
AA
ALPS Advisors
Denver,
Colorado
|
-$1.45M |
FSM Hedge Fund Activity: Q4 2018 in Review
120 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Fortuna Silver Mines (FSM) for Q4 2018, worth a combined $274M — down 16% from $325M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new FSM positions and 17 closed out — a net gain of 6 holders — while 43 added to existing stakes and 28 trimmed.
The largest buyer was Mirae Asset Global Investments, opening a new position worth an estimated $10.2M. The largest seller was Wellington Management Group, exiting entirely with an estimated $22M sold.
- 120 institutional investors held Fortuna Silver Mines (FSM) as of Q4 2018, up from 115 in Q3 2018.
- Funds reported $274M of Fortuna Silver Mines stock for Q4 2018, down 16% quarter-over-quarter.
- 23 funds opened new Fortuna Silver Mines positions in Q4 2018 and 17 closed out, a net change of +6 holders.
- The largest Fortuna Silver Mines buyer in Q4 2018 was Mirae Asset Global Investments, an estimated $10.2M added.
- The largest Fortuna Silver Mines seller in Q4 2018 was Wellington Management Group, an estimated $22M sold.
Based on aggregated 13F filings for Q4 2018.